$daram I hope every charity event can have a picture like this. I hope more people will pay attention to the health of children with autism. I hope more people will see the original intention of Goose. I hope more people will join our big family. @daram010 @cz_binance @VitalikButerin @heyibinance#Daram
On the evening of the 11th, the $MEME coin Daram on the Ethereum chain conducted a Free Mint event. In just 3 hours, despite the high Gas fees, it was successfully minted 42,000 times, and it is estimated that more than 120 ETH will be consumed. Since each address is limited to minting one, the comprehensive cost may be close to 300 ETH. This means that there were 42,000 coin holding addresses at first. After 7 hours of transactions and address collection, the current coin holding addresses have been reduced to 29,405. At present, the liquidity of this currency is mainly provided by OTC community members spontaneously, with a market value of 1.77 million US dollars and a liquidity of 60,000 US dollars. The main purpose of mentioning this phenomenon is to point out that recently, the most important ecological activities on major chains have revolved around meme coins, and many market makers and institutions have also focused on the meme track, which may become an important Web3 activity that will last for a long time in the future. However, in the recent issuance of new tokens on the Ethereum chain, many projects have added about 80% of the initial liquidity by 1 or less ETH. When ordinary people can discover and participate in it, the token price has often risen by 100 times or even 1,000 times, and many of these projects have a large number of insider warehouses and deployers use robots to buy low-priced chips in bulk accounts. In contrast, Daram's Meme issuance has been widely recognized by the market. I think it will be particularly important in the Web3 field if the next successful project like $NEIRO adopts this fairer issuance method. Although the success may not necessarily be the Daram project, I think this form of issuance in a fairer way on the Ethereum chain has higher potential than the traditional PUMP form.